Cryptocurrency

COMP price jumps as Compound DeFi TVL slips to 2021 lows
July 10, 2023 05:00 PM AEST| By InvezzCompound, a DeFi heavyweight, has done well in the past few weeks even as the total value locked (TVL) in its ecosystem slipped. COMP was trading at $60 on Monday, sharply higher than last month’s low of $23.65. DeFi volume falling Compou...

AltSignals (ASI) prediction as Bitcoin holds above $30k
July 10, 2023 09:06 AM AEST| By InvezzCryptocurrency prices have held quite steady in the past few weeks. Bitcoin has remained slightly above the resistance point at $30k while the total market cap of all digital currencies has remained above $1.2 trillion. This is a sign that cryptocurr...

Chancer prediction as interest in the blockchain-based predictive market grows
July 09, 2023 11:27 PM AEST| By InvezzThe launch of Chancer through a presale has been met with investor enthusiasm. Barely a month since the Chancer presale was launched, investors have grabbed more than $615,560 worth of tokens. The interest in Chancer token (CHANCER) has been at least...

Amazon seeing big future in AI may be good news for AltSignals ($ASI)
July 09, 2023 02:45 AM AEST| By InvezzDave Limp – the Senior Vice President of Devices and Services at Amazon.com Inc (NASDAQ: AMZN) expects a robot in every household in a few years from now. Amazon is committed to artificial intelligence His remarks resonate with the growing focu...

Solana price technical analysis points to a 20% jump
July 08, 2023 07:26 PM AEST| By InvezzSolana price was one of the best-performing major cryptocurrencies this week. The SOL token continued its rally on Saturday and reached a high of $22.45, the highest level since May 7th. It has soared by more than 68% from its lowest point in June th...

Crypto could be deceptively fragile amid mirage of equity bull market
July 08, 2023 12:53 AM AEST| By InvezzIt’s impossible to analyse Bitcoin without casting an eye around the macro landscape and assessing what is happening with other asset classes. None more so than equities, with which Bitcoin’s correlation has been high throughout the last...

Institutions increasingly accumulate Bitcoin (BTC) as exchange balance dips
July 08, 2023 12:22 AM AEST| By InvezzCrypto expert Miles Deutscher has commented on the current substantial surges in Bitcoin holdings. He believes the latest BlackRock spot BTC ETF filing has catalyzed optimism around the leading cryptocurrency by market cap. While the community remain...

Is Bitcoin decoupling from rest of crypto market?
July 07, 2023 09:26 PM AEST| By InvezzOver the past few years, it has been a fair statement to declare that the majority of cryptocurrencies trade like levered bets on Bitcoin. The world’s largest cryptocurrency rises in value, altcoins rise a little more. Bitcoin falls, altcoins f...

Creditcoin releases public testnet with participation rewards and bug bounties
July 07, 2023 09:09 PM AEST| By InvezzLayer-1 blockchain Creditcoin has released an incentivized public testnet of its Creditcoin 2.0+ upgrade. The testnet is enhanced with participation rewards and bug bounties. Interested parties can join the testnet as validators or nominators and ear...

BlackRock’s crypto bet has implications for Chancer
July 07, 2023 07:34 PM AEST| By InvezzWhile crypto markets are reacting to broader interest rate hike fears and industry-related regulatory headwinds with a dip, sentiment is still largely positive after this week’s comments from Larry Fink, the CEO of BlackRock, Inc. (NYSE: BLK) ....

ApeCoin (APE) outlook darkens as BAYC prices hit 20-month lows
July 07, 2023 06:14 PM AEST| By InvezzWhile we reported proponents such as Animoca brands co-founder Yat Siu believes no-fungible tokens are here to stay, the industry prints worrying figures day by day. That has affected associated assets, including ApeCoin (APE), which hit new all-time...

NFL season is right around the corner: what does it mean for Chancer?
July 06, 2023 11:54 PM AEST| By InvezzBetting and iGaming stocks have performed well since the start of this year despite concerns that consumers may pullback on discretionary spending due to fears of an economic slowdown. Jefferies sees further upside in sports betting “BETZ”...

Telescope Labs releases its comprehensive AI-powered Web3 Gaming solution suite
July 06, 2023 11:00 PM AEST| By InvezzAfter a successful pre-seed funding round in September 2022 that attracted over $2 million from Griffin Gaming Partners and Kube VC, Telescope Labs has released its comprehensive solution suite aimed at transforming the Web3 gaming landscape through...

Beware naive extrapolation of previous Bitcoin cycles for crypto price predictions
July 06, 2023 08:32 PM AEST| By InvezzI don’t like the term “the next bull market” when looking at cryptocurrency markets. Ditto for “crypto winter” and, worst of all, “if we look at previous cycles”. Crypto may have cycled through violent...

Circle to issue a stablecoin in Japan under the new stablecoins law
July 06, 2023 05:40 PM AEST| By InvezzCircle’s CEO and co-founder Jeremy Allaire has said that the stablecoin issuer is considering issuing a stablecoin in Japan seeing that the new legislation governing stablecoins started being implemented in the country. In an interview with one...

BlackRock CEO Larry Finks delivers pro-crypto remarks amidst Bitcoin ETF race
July 06, 2023 11:39 AM AEST| By InvezzBlackRock has dominated cryptocurrency updates since Invezz.com announced its Spot Bitcoin ETF application on 15 June, with many companies following suit. While multiple renowned firms join the race, BlackRock chief Larry Fink revealed his pro-crypto...

STORJ price cools upside after 50% gain: What’s the outlook?
July 06, 2023 03:46 AM AEST| By InvezzStorj, an Ethereum-based distributed cloud storage platform, saw the price of its native token jump to $0.60 early Wednesday as bulls pushed to a 9-month high. STORJ’s jump to the intraday peak as seen on Binance (TradingView data), represented...

Binance Academy partners with the online learning platform Coursera
July 06, 2023 12:00 AM AEST| By InvezzBinance has continued to extend its presence within the cryptocurrency industry amid the ongoing regulatory setbacks that seem to have been triggered by the US Securities and Exchanges Commission (SEC) lawsuit. Binance Academy has today announced a p...

Cardano developers launch Marlowe to ease smart contract creation
July 05, 2023 09:57 PM AEST| By InvezzInput Output Global, the creator of Cardano, has launched Marlowe, a toolkit to facilitate smart contract creation in the ecosystem. Marlowe is a tool that simplifies how developers and ordinary people with no coding experience can develop, test, and...

Cardano stablecoin DJED de-pegs after failure to maintain reserve ratio
July 05, 2023 08:34 PM AEST| By InvezzCardano-based stablecoin Djed (launched in January 2023) is causing issues associated with de-pegging. Moreover, users are encountering token un-minting challenges. Djed has de-pegged on all Cardano decentralized exchanges (DEXs) as its reserve ratio...

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